When NYC School Bus Umbrella Services (NYCSBUS) needed to transition from a private contractor to a nonprofit organization, they faced an immense challenge: maintaining service for 9,000+ students while completely rebuilding their finance function.
“BTQ came in, looked at the outcomes we needed, put boots on the ground, and got us to the finish line,” says Matt Berlin, CEO of NYCSBUS.
The Challenge
- Transitioning an $180 million fiscal department
- Ensuring uninterrupted service for students with special needs
- Establishing credibility with city auditors and public stakeholders
- Building complex system integrations with specialized fleet management software
The BTQ Solution: Finance as a Service (FaaS)
In just 30 days, our team:
- Implemented a comprehensive suite of financial systems
- Assumed full CFO responsibilities
- Created transparent reporting capabilities
- Integrated with specialized operational systems
- Established audit-ready financial practices
The Results
With BTQ managing their financial operations, NYCSBUS was able to redirect resources toward their mission:
- Program Innovation: Beginning to electrify their bus fleet
- Service Enhancement: Integrating machine learning technology
- Operational Efficiency: Running the entire financial system with minimal in-house staff
- Stakeholder Confidence: Providing clean audits before the Comptroller’s committee
- Mission Focus: Concentrating on improving transportation services for NYC students
How BTQ Empowers Nonprofit Program Expansion
Our FaaS model creates the foundation that allows nonprofits to innovate and grow:
1. Resource Optimization
By outsourcing finance functions to BTQ, nonprofits can reallocate resources toward mission-critical programs rather than administrative overhead.
2. Financial Clarity
Our transparent reporting provides the confidence to make bold program decisions, knowing exactly where resources stand and how they can be leveraged.
3. Scalable Operations
As your organization grows, BTQ’s financial capabilities grow with you—no need to continuously invest in building an internal finance department.
4. Risk Mitigation
Our nonprofit financial expertise helps identify opportunities and avoid pitfalls, creating a stable foundation for program expansion.
5. Strategic Partnership
We serve as thought partners in your financial strategy, helping align fiscal resources with mission objectives.
Ready to Transform Your Finance Function?
Learn how BTQ Financial can help your organization build the fiscal foundation needed to expand your mission impact. Our team of nonprofit financial experts is ready to create a tailored solution for your specific needs.
“Most SaaS companies don’t care about you. BTQ gives a damn about us.” — Matt Berlin, NYCSBUS CEO
BTQ has been empowering the most progressive nonprofit organizations since 2001 with financial management, medical billing, and accounting services that support their missions and secure sustained operations.
Contact us to learn more about how we transform your back-office function into a strategic growth engine.